Distressed acquisition opportunities – 5 may 2025

Franklin’s Restructuring team has assembled its latest sector-by-sector list of distressed acquisition opportunities.

The targets are companies in insolvency proceedings that are now up for sale and for which tender offers have been made by the court-appointed trustees in charge of finding potential buyers.

Our sector-by-sector updates are designed to help clients quickly identify potential build-up opportunities.

Tender offer periods are very often extended beyond the deadlines specified in the list.

If you are interested in any of these assets, please contact our partners Numa Rengot, Laura Bavoux and Arnaud Pédron who will be happy to provide further information and assist you with your acquisition.

This court-sanctioned sale process offers an opportunity to buy:

Fast: in a few weeks
Directly or through a NewCo
After limited due diligence (i.e., limited to the scope of the acquisition)
At lower prices than out-of-court acquisitions: the real cost consists in financing the acquired operation
Free and clear of debt, with only a few exceptions (no successor liability – lien and encumbrance free)
Without liability for restructuring costs
A turnkey, autonomous business unit
“Cherry picked” assets (number of employees, tangible and intangible assets, as well as rental, finance lease, distribution, purchase, and service agreements necessary for the continued operation of the business).


		Groupe Jennyfer Main features: Business: Designing women’s ready-to-wear collections, purchasing merchandise and marketing items through the various distribution networks Location: 258 magasins dans le monde, dont 131 détenus en propre et 38 à l’export RCS : Stock J Boutique Jennyfer : 338 880 180 – Jennyfer Brand : 922 649 215 2025 revenues (project): Stock J Boutique Jennyfer : 170 M€ – – Jennyfer Brand : 3,3 M€ Headcount 979 employees Deadline for submitting bids: 13/05/2025
		France Solar Main features: Business: Sale, installation and assembly of renewable energy systems, including through subcontractors. Energy audit Location: Brumath (Bas-Rhin) 2024 revenues: 42 M€ Deadline for submitting bids: 26/05/2025
		Groupe Zocarel / Idemaps Main features: Business: Leasing of IT and office equipment (multifunction printers), the provision of related maintenance services and the holding of property assets through the Group’s property investment companies Company registration number: Zocarel (holding) : 821 188 307 – Idemaps-Qualis : 388 521 908 – Idemaps-Agecom : 380 521 484 – Idemaps-Xerolab : 480 571 116 ; Idemaps Xerolab 28 : 452 970 627 ; Idemaps Actiprint : 399 137 470 – Idemaps Mouvlab : 893 653 535 – Idemaps Espace Burotic : 811 472 851 – Idemaps Espace Burotic Paris : 841 739 584 – Zocarel Logistique (SCI) : 893 592 220 – Zocarel Invest (SCI) : 814 418 836 – Zocarel Corp (SCI) : 909 183 162 – Zocarel Initial (SCI) : 918 013 459 2024 revenues: Zocarel (holding) : 3,4 M€ – Idemaps-Qualis : 8,3 M€ – Idemaps-Agecom : 3,3 M€ – Idemaps-Xerolab : 7,2 M€ ; Idemaps Xerolab 28 : 3,2 M€ ; Idemaps Actiprint : 2,2 M€ – Idemaps Mouvlab : 647 K€ – Idemaps Espace Burotic : 2,6 M€ – Idemaps Espace Burotic Paris : 394 K€ – Zocarel Logistique (SCI) : 0 – Zocarel Invest (SCI) : 1 M€ – Zocarel Corp (SCI) : 1 M € – Zocarel Initial (SCI) : 79 K€ Headcount: Zocarel (holding) : 12 employees – Idemaps-Qualis : 13 employees – Idemaps-Agecom : 7 employees – Idemaps-Xerolab : 11 employees – Idemaps Xerolab 28 : 5 employees – Idemaps Actiprint : 11 employees – Idemaps Mouvlab : 6 employees – Idemaps Espace Burotic : 6 employees – Idemaps Espace Burotic Paris : 2 employees Deadline for submitting bids: 23/05/2025
		Traiteur de Paris – Pontivy Main features: Business: 6,000 m² industrial site specialising in the manufacture of frozen food products Location: Pontivy (Morbihan) Company registration number: Groupe Revenu Multimédia : 303 469 456 – Le Revenue Français Editions : 341 965 259 2024 revenues: 18,3 M€ Headcount 86 employees Deadline for submitting bids: 15/05/2025
		Hairdresser – Barber (66 salons) Main features: Business: 5 companies, including a holding company, operating 66 exclusively male hairdressing and barbering salons in shopping centres throughout France. Location: French territory 2024 revenues (consolidated): 15 M€ Headcount 328 employees Deadline for submitting bids: 06/06/2025
		Electrical installations Main features: Business: Design and construction of high/low voltage electrical installations for the tertiary and residential sectors Location: Greater Lille 2024 revenues: 8,2 M€ – 2023 revenues: 8,9 M€ – 2022 revenues: 9,3 M€ Headcount 35 employees Deadline for submitting bids: 03/06/2025
		Higher education Main features: Business: Company specialising in higher education apprenticeships – 431 students enrolled Location: Paris 2024 revenues: 5,7 M€ Headcount 44 employees Deadline for submitting bids: 30/05/2025
		Bricomarché Main features: Business: Operation of a business selling products and accessories relating to masonry, electricity, plumbing, sanitary installations, joinery, painting, decorating and, more generally, DIY. Location: Loir-et-Cher 2024 revenues: 5,5 M€ – 2023 revenues: 5,4 M€ Headcount 27 employees Deadline for submitting bids: 30/06/2025
		Plastic joinery Main features: Business: Manufacture and sale of all plastic components such as joinery, shutters, cladding, ventures parisiennes, casement shutters, etc. Location: Haute Garonne 2024 revenues: 4 M€ Headcount 22 employees Deadline for submitting bids: 16/05/2025
		Kirchheim Grillot Industrie Main features: Business: Precision mechanics (small technical series for the aeronautical and high added-value markets, EN9100 certification) and assembly of mechanical assemblies (including brazing) as complete supplies Location: Les Ulis (Essonne) Company registration number: 424 900 785 2024 revenues: 2,9 M€ Headcount 27 employees Deadline for submitting bids: 23/05/2025
		Public transport Main features: Business: Public haulage and freight forwarding activities Location: Ile de France 2023 revenues: 2,6 M€ Headcount 14 employees Deadline for submitting bids: 30/05/2025
		Mdoloris Medical System Main features: Business: Company developing technologies and products for reliable, continuous and non-invasive assessment of the comfort of people unable to communicate, particularly under general anaesthetic or in intensive care. Location: Loos (Nord) Company registration number: 523 257 657 2024 revenues (project): 1,8 M€ – 2023 revenues: 3,7 M€ Headcount 21 employees Deadline for submitting bids: 19/05/2025
		General electricity Main features: Business: General electricity Location: Auriol (Bouches-du-Rhône) 2024 revenues: 1 M€ Headcount 8 employees Deadline for submitting bids: 23/05/2025
		Public road transport Main features: Business: Public road haulage of thermal and electric vehicles weighing less than 3.5 tonnes Location: Val-de-Marne 2023 revenues: 1 M€ Headcount 11 employees Deadline for submitting bids: 23/05/2025